Public Procurement

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1.
The process of obtaining goods or services.
2.
Legal agreement between the buyer and supplier.
3.
Openness and clarity in the process
4.
Best use of resources with minimal waste.
5.
Set of rules governing procurement.
6.
Assessment of bids to find the best offer.
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and fairness in decisions.
8.
Examination of records for accuracy and legality.
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The first stage of the procurement process.
10.
A structured set of rules or agreements.
11.
Execution of the contract.
12.
Financial plan allocating public resources.
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Money used for procurement activities.
14.
Group assessing tenders.